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  • Hacker News
  • It's a move I would only wish on my worst enemy. Good riddance to them
    by conartist6
  • What's even weirder is the Founder of canonical has a #hiring badge on their LinkedIn profile. What kind of message is that?
    by ramon156
  • Tech CEOs suddenly love blaming AI for mass job cuts
    by lordluca
  • I’ve just been thinking about this and would like to ask those of you with more experience in the industry: do you prepare yourselves in any way for crises? Do you have any techniques for dealing with uncertainty?

    Let’s say someone is entering the IT job market today. How should they prepare for the responsibilities of adulthood, starting a family, buying (perhaps on a mortgage?) their first flat, and planning for a family? I’m not writing solely in the context of AI layoffs but broader. Over the last 10 years that I’ve been in the IT industry from EU/US perspective, I’ve perceived the market as economic cycles, the sine wave of which has narrowed significantly (more often markets demands changes and instability) and accelerated in the past years.

    by __natty__
  • Now is precisely not the time to cut jobs, but to invest in people's usage of AI. You have domain expertise, and you are going to burn tokens trying to replace people's jobs, but the AI revolution is not at all about people replacement, its about a change of paradigm. Watch them closely rehire thousands of new employees (who won't have the domain expertise) once they see that you actually need people to operate their company :)
    by GL26
  • For those curious, this is a report about firings from the last year. Not a new round of layoffs:

    > Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.

    by jabedude
  • None of this is due to AI. That’s just the cover story that stops the stock crashing. The reality is the market is contracting and it’s doing that because the extraction and monthly financial models are hurting other businesses which are also contracting because of lower customer demand.
    by cryo32
  • A friend met with Oracle salesdroids (his company has spent a few million with them in the last few years).

    They told him everything is oriented towards AI, to the point that otherwise profitable software is not being updated and development has stopped on anything new.

    Oracle has a lot of niche solutions and the one my friend’s corporation uses is profitable but not on the AI path, so it is being put into maintenance mode.

    by shrubble

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